The Country Economic Review Mid-Year Update 2019 contains CDB’s revised summary assessment of economic performance in 2018 for each of the Caribbean Development Bank’s (CDB) 19 Borrowing Member Countries (BMCs), as well as new forecasts for 2019.
The Mid-Year Updates for 2018 were based on the provision of more up-to-date data on performance in different sectors available in July 2019. Overall growth was 2.0%, compared to 0.7% in 2017. In 2018, all BMCs, with the exception of Barbados, experienced positive economic growth, largely driven by construction and improved tourism performance. The highest rates of growth were experienced in Anguilla and Antigua and Barbuda.